David Alan Smith Sells 1,000 Shares of Timberland Bancorp (NASDAQ:TSBK) Stock

Timberland Bancorp, Inc. (NASDAQ:TSBK) Director David Alan Smith sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $43.90, for a total transaction of $43,900.00. Following the transaction, the director directly owned 18,468 shares in the company, valued at approximately $810,745.20. The trade was a 5.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Timberland Bancorp Trading Down 1.1%

Shares of NASDAQ:TSBK opened at $44.13 on Friday. The company has a 50 day moving average of $41.17 and a 200-day moving average of $39.16. The firm has a market cap of $345.54 million, a P/E ratio of 11.29 and a beta of 0.32. Timberland Bancorp, Inc. has a twelve month low of $30.36 and a twelve month high of $45.28. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.07.

Timberland Bancorp (NASDAQ:TSBK) last posted its quarterly earnings data on Thursday, April 30th. The savings and loans company reported $0.90 earnings per share (EPS) for the quarter. Timberland Bancorp had a net margin of 26.22% and a return on equity of 11.67%. The business had revenue of $20.90 million during the quarter.

Timberland Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Friday, May 8th. Timberland Bancorp’s dividend payout ratio (DPR) is presently 29.67%.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Timberland Bancorp in a research note on Friday, March 27th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Timberland Bancorp presently has an average rating of “Buy”.

Hedge Funds Weigh In On Timberland Bancorp

Hedge funds have recently made changes to their positions in the business. Fourthstone LLC raised its holdings in shares of Timberland Bancorp by 207.5% in the 4th quarter. Fourthstone LLC now owns 109,687 shares of the savings and loans company’s stock worth $3,927,000 after purchasing an additional 74,011 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in Timberland Bancorp during the second quarter worth approximately $465,000. Millennium Management LLC bought a new stake in Timberland Bancorp during the fourth quarter worth approximately $453,000. Royce & Associates LP boosted its holdings in Timberland Bancorp by 3.7% during the third quarter. Royce & Associates LP now owns 288,914 shares of the savings and loans company’s stock worth $9,615,000 after buying an additional 10,203 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in Timberland Bancorp in the third quarter worth approximately $327,000. Institutional investors and hedge funds own 65.49% of the company’s stock.

Timberland Bancorp Company Profile

Timberland Bancorp, Inc is the bank holding company for Timberland Bank, a Washington-chartered commercial bank serving individuals and businesses in southwestern Washington. The company conducts its operations through Timberland Bank, offering a range of community banking services tailored to local market needs. As a publicly traded company on the NASDAQ under the symbol TSBK, Timberland Bancorp focuses on delivering personalized financial solutions while maintaining a community-oriented approach.

Timberland Bank’s core products include deposit accounts such as checking, savings and money market accounts, certificates of deposit and retirement accounts.